Per federal law, changes to Medicare will be happening for many people across the country, but just not yet.
Per federal law, changes to Medicare will be happening for many people across the country, but just not yet. Beginning in 2019, Medicare Cost Plans, a type of Medicare plan that many Minnesotans have, will end in most Minnesota counties. For many beneficiaries, it will mean they will have to change plans. Right now, there is nothing to do. But in September, those people with Cost Plans ending will receive a notice in the mail from their Medicare plan that will explain the changes. Then, they will have to weigh their options and make some important decisions before the end of 2018 to make sure they have good coverage for 2019.
Here are some things to think about when deciding about changing your Medicare plan:
Do you want to return to Original Medicare Part A and Part B?
Do you want to purchase a Medicare supplement (Medigap) policy to go with your Original Medicare?
Do you want to enroll in a Medicare Advantage plan?
What plan do you want for your Medicare Part D benefit?
Information about new Medicare plan options will not be available until fall 2018.
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